Gambling has been around for centuries, but online casinos have taken the activity to the next level. Nations around the world are starting to realise the power of internet-based establishments. Japanese wagering, for example, used to revolve around pachinko machines in arcades. Today, tens of millions of people from the country (and abroad!) head to an online casino, also known as オンラインカジノ, to gamble.
India is no different from the Land of the Rising Sun because online organisations offer benefits that its citizens love. What are they and what links them to India? Continue reading to find out more.
Convenience
As is the case in most nations, India’s residents enjoy the convenience of picking up a mobile device and logging on to a gambling app or website. However, unlike in Europe or North America, it’s out of necessity rather than indulgence. The country only has ten cities with betting facilities, meaning there are a total of 19 brick-and-mortar casinos. For a region that spans 3.2 million square kilometres, and is home to around one billion people, the figure isn’t very high. Thankfully, online casinos fill in the gaps as there are thousands of them to choose from on most search engines. Plus, the fact that offshore casinos are accessible only makes the situation easier for Indians who aren’t located near a traditional establishment.
Culture & Suitability
There are tonnes of cases where activities are based around the culture. The Pacific Islands in Polynesia and Micronesia are prime examples. They usually play rugby sevens, which is a format that’s been tweaked to help introduce the game to places with smaller populations. Online gambling is similar in many ways because of the infrastructure available in India. Although land-based casinos are few and far between, online casinos are readily accessible, in large part due to India’s prevalence of mobile devices. By 2023, there will be 966 million mobile users in the area. That is projected to equate to 66% of the population having internet access and a mobile smartphone or tablet. India is a nation of mobile users, so it makes sense that an activity based around mobile technology is revolutionising the nation’s wagering habits.
Payment Options
India is often perceived as a place where cash is still king. While it’s true that alternative transaction methods aren’t as common as other locations, the reality is that the country is rapidly turning into a cashless society. To put it into perspective, around one-third of in-store payments are made by debit or credit cards. This doesn’t take into account the impact of e-wallets, either. With more Indians having access to a credit or debit card, or an e-wallet, it means they can easily sign up to a betting company and take advantage of the new customer promotions.
A Lucrative Market
With up to one billion customers to target, it’s no surprise that casinos are branching out into the Indian market. This makes it incredibly lucrative. A direct side-effect is that the experience for Indian players is improving all the time. Not only can residents pay in and be paid in rupees, but they can select games with which they are familiar. Of course, the growth of the industry will only make the situation better for Indian customers.
Online casinos have revolutionised the way India’s users are placing their bets – and that impact will only become more pronounced in the future.